UPDATE 1- Malaysian VC firms raised $164 mln under a govt funding programme for start-ups

Reuters, 19 May 2021

KUALA LUMPUR, May 19 (Reuters) - Eight Malaysia-based venture capital (VC) firms have raised 676 million ringgit ($163.58 million) under a government funding programme for the local start-up industry, a Finance Ministry unit said on Wednesday.

Penjana Kapital raises RM676m in funding for start-ups

The Edge Markets, 19 May 2021

KUALA LUMPUR (May 19): Penjana Kapital Sdn Bhd, a company set up by the government to operationalise the Dana Penjana Nasional (DPN) programme, has raised RM676 million in funding for start-ups.

Penjana Kapital kumpul dana RM676 juta

Berita Harian Online, 19 May 2021

KUALA LUMPUR: Lapan syarikat modal teroka Malaysia berjaya mengumpul dana sebanyak RM676 juta menerusi Program Dana Penjana Nasional (DPN) yang dikendalikan oleh Penjana Kapital Sdn Bhd.

Malaysian VC firms raised $164 million under a govt funding programme for start-ups

Today, 19 May 2021

KUALA LUMPUR - Eight Malaysia-based venture capital (VC) firms have raised 676 million ringgit ($163.58 million) under a government funding programme for the local start-up industry, a Finance Ministry unit said on Wednesday.

MDEC to provide funding facilitation support for startups

Bernama - English, 11 March 2021

KUALA LUMPUR, March 11 -- The Malaysia Digital Economy Corp (MDEC) has announced two funding facilitation initiatives for 2021, namely Founders Grindstone, a capacity-building programme for startups, and Investor Matching, which aims to match startups with venture capitals (VCs).

MDEC sedia kemudahan pembiayaan bagi menyokong pemula niaga

Bernama - Malay, 11 Mac 2021

KUALA LUMPUR, 11 Mac -- Perbadanan Ekonomi Digital Malaysia (MDEC) mengumumkan dua inisiatif kemudahan pembiayaan bagi 2021 iaitu ‘Founders Grindstone,’ program pembinaan kapasiti untuk syarikat pemula niaga dan ‘Investor Matching’ untuk pemadanan syarikat pemula niaga dengan modal usaha niaga (VC).